Axfood AB (publ) (AXL.F)

23.60 +0.20 (+0.85%) As of 08:11AM CEST. Market open.

Axfood AB (publ)

Solnavägen 4
Stockholm 113 65
Sweden
46 8 55 39 90 00
https://www.axfood.com

Sector(s): Consumer Defensive
Industry: Grocery Stores
Full-time employees: 13,000

Description

Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. It operates through four segments: Willys, Hemköp, Dagab, and Snabbgross. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, it offers home delivery of meal kits under the Middagsfrid name, as well as operates Urban Deli, a combination of restaurant and market hall; Apohem, an online retail pharmacy; Matöppe, a personal grocery store and the retailer-owned mini-mart; Snabbgriss, a restaurant; and Tempo, a mini-mart format of retailer-owned stores. The company serves restaurants, fastfood operators, and cafés; and retailer-owned stores, mini-marts, and other convenience retailers. Axfood AB (publ) was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) operates as a subsidiary of Axretail AB.

Corporate governance

Axfood AB (publ)’s ISS governance QualityScore as of 1 June 2024 is 2. The pillar scores are Audit: 4; Board: 4; Shareholder rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.